The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-10-22
COMMERCIAL.
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SAVANNAH MARKET.
OFFICE OF THE MORNING NEWS. |
WEEKLY REPORT.

SAVANNAH, GA, Oct p, 1887. {
WEEKLY REPORT.
GENERAL REMARKs-The week under review
was comparatively quiet one in commercial
circles. Business in the general market was
rather moderate more particularly in jobbing
lines Shipping orders from the interior were
unite slow The yellow fever now pre-
vailing in Florida, and the rigid
quarantine of towns in that State
has had rather depressing effect on business
here. and travellers are thereby prevented from
covering their usual territory. 1t has also
caused some curtailing of the usual trading
average for this period of the year The course of
values in the leading staples is still somewhat
unsteady, and for the most part tending down.
In groceries there was smaller volume of bust
ness with the interior. The local trading, how
ever. was in better form Meats and sugars de-
cliued. Dry goods there was better inquiry
than the week previous, and fair business is in
progress. Travellers are out on the road for the
second time this season, looking up collections
principally, as the weather has not encouraged
buying winter fabrics as yet. In all other branch
es there is an irregular demand, and business
in few departments is moderate, but perhaps
reaches the average more frequently. There is
a heavy demand for money but the banks find
no IFOuDlt III ouPPly luS ~ at buc Idlts, &
per cent for both call and time loans. Collec-
tons were fair. The security market was quiet,
though there existed some demand for Central
railroad stock and debentures The appended
resume of the weeks business will show the
tone and latest quotations of the different
markets at the close to-day:
NAVAL SToREs-The market fer spirits tur-
pentine was rather irregular and unsettled dur
ing the week, opening firm at 81 Nc. for regulars
1t sold up to &c. for regulars and was held
higher. 1t again sagged Off, closing the week
at 31s4c There was fair demand but offer
ings we're comparatively small. The total sales
for the week were about 200 casks Rosn-
the market was very firm throughout the week
but not quotably higher There was fairly
steady inquiry, but the offerings were not as full
as usual. The sales during the week were about
u 900 barrels. In another column will be found
a weekly table of receipts and exports from
April to date, and for the same period last
wear, showing the stocks on hand and on ship
board not cleared, together with the official
closing quotations.
RIcE.-The market during last week was COM
paratively steady. There was pretty fair in
quiry, but the heaviest trading was made on
concessions, and prices sold down 1sc all round.
There was fairly large business doing for the
week, and fully $500 barrels were disposed of.
The receipts are quite free, but not in excess of
last year. There is, however, some accumula-
tons of stock The following are the Off
cial quotations of the Board of Trade. Small
job lots are held at 1sQ14c. higher:
Fair .................-. ....-........4 3s04@
Good ........'''.'......''... .4a59@49S
Prime ............-.. ........ .....4A05
Rough
Tide water. ...,...................$1 10@1 %
Country lots. OBSERVATION-DISCLOSURES. 9001 90
CoTToN-The market was quiet during the
week. Prices, however, were rather irregular
and unsettled opening the week at an advance
of Lice. On Monday they fell off 1-l6c., and on
Tuesday further decline of 1-16c. took place,
on Wednesday they were advanced 1-16c., clos
ing at the opening prices of week ago.
quiry. but on the decline a good
business set in. which was restricted as soon as
the rally in prices occurred. There were no
other important features, except that the bulk
of October orders are pretty well covered.
There are, however, some yet to be filed, and a
better business is looked for the coming week.
The total sales for the week were 1890 bales
The following are the official closing spot quota
tons of the Cotton Exchange:
Middling fair. Observation-Disclosures. 5-16
Good middIlng. -.........--- 91S
MlddIlng ;:..... ........--,.. go
Low middling ............... 1916
Sea Lstond.-The receipts for the week up to
p. M, as reported by factors, were 1,096 bags.
and the sales for the same time were $50 bags,
leaving the stock at 2,07 bags. There was
considerable inquiry, and factors were pretty
firm holders, although. however, the business in
the early part of the week was on the basis of
previous prices. but later on prices were adj
vanced, and the market closed steady at the
advance. The bulk of the above sales were at
quotations:
Common Georgias.. Observation-Disclosures. - a,,1,
Common FloridaS.. !" %1'|2
Medium Observation-Disclosures. .tS16G119
Medium hne. OBSERVATION-DISCLOSURES. 1890 l994
Fine. ...................-...20 Qg2O15
Extra me. '...-....-.-........2l
Cnolce. ---.....--...-.--.-- ...--, .2S
The receipts of cotton at this port from all
sources the past week were 6006 bales of up
land and 1906 bales sea island. against 537l2
bales of upland, and $50 bales sea island last
year.
The particulars of the receipts have been as
follows: Per Central railroad, 35 4lS bales up
land; per Savannah, Florida and Western Rail
way 8,4S3 bales upland and 1921 bales
sea island; per Charleston and Savannah rail
road, $40 bales upland; per Savannah river
steamers, 1898 bales upland and 8 bales sea
island; Ter Florida steamers, 81 bales upland
per Brunswick and Satilla river steamers 1914
bales upland. and - bales sea island; per carts
100 bales upland and - bales sea island; per
Darien and Altamaha steamers 10 bales upland
and , bales sea island.
The exportsfor the week were 5000 bales of
upland and 72S bales sea island, moving as fol-
lows: to Philadelphia $50 bales upland: to New
York, 15 07S bales upland and Gas bales sea island
to Boston, 2,045 bales upland; TO Baltimore,
1,419 bales upland: to Charleston, 961 bales up
land; to Reval, 1856 bales upland; to Havre,
4,150 bales upland and 50 bales sea island; to
Bremen. SOB bales upland; to Amsterdam,
800 bales: to Liverpool, 9,S17 bales
The stock on hand to-day was 116, SSS bales up
land and 2077 bales sea island, against no. 965
bales of upland and 1,542 bales sea island last